Discussion Papers
The Discussion Papers with economic studies or financial and banking studies are elaborated by the research centre of the Deutsche Bundesbank.
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Exports versus FDI in German manufacturing: firm performance and participation in international markets Jens Matthias Arnold, Katrin Hussinger
472 KB, PDF
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Sticky prices in the euro area: a summary of new micro evidence Luis Alvarez, Emmanuelle Dhyne, Marco M. Hoeberichts, Claudia Kwapil, Herve Le Bihan, Patrick Lünnemann, Fernando Martins, Roberto Sabbatini, Harald Stahl, Philip Vermeulen, Juoko Vilmunen
272 KB, PDF
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The dynamic relationship between the Euro overnight rate, the ECB´s policy rate and the term spread Dieter Nautz, Christian J. Offermanns
233 KB, PDF
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Price setting in German manufacturing: new evidence from new survey data Harald Stahl
538 KB, PDF
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Trade balances of the central and east European EU member states and the role of foreign direct investment Sabine Herrmann, Axel Jochem
561 KB, PDF
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Incorporating prediction and estimation risk in point-in-time credit portfolio models Discussion paper 13/2005: Alfred Hamerle, Michael Knapp, Thilo Liebig, Nicole Wildenauer
568 KB, PDF
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Inefficient or just different? Effects of heterogeneity on bank efficiency scores Discussion paper 15/2005: Jaap W.B. Bos, Frank Heid, Michael Koetter, James W. Kolari, Clemens J.M. Kool
464 KB, PDF
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Evaluating the German bank merger wave Discussion paper 12/2005: Michael Koetter
469 KB, PDF
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Time series properties of a rating system based on financial ratios Discussion paper 14/2005: Ulrich Krüger, Martin Stötzel, Stefan Trück
717 KB, PDF
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Short-run and long-run comovement of GDP and some expenditure aggregates in Germany, France and Italy Thomas A. Knetsch
1 MB, PDF
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Financial integration and systemic risk Discussion paper 11/2005: Falko Fecht, Hans Peter Grüner
636 KB, PDF
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Comparing the value revelance of R&D reporting in Germany: standard and selection effects Fred Ramb, Markus Reitzig
189 KB, PDF
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Determinants of current account developments in the central and east European EU member states - consequences for the enlargement of the euro area Sabine Herrmann, Axel Jochem
450 KB, PDF
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Monetary policy with model uncertainty: distribution forecast targeting Lars E.O. Svensson, Noah Williams
550 KB, PDF
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European inflation expectations dynamics Jörg Döpke, Jonas Dovern, Ulrich Fritsche, Jirka Slacalek
233 KB, PDF
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An estimated DSGE model for the German economy within the euro area Ernest Pytlarczyk
781 KB, PDF
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The eurosystem money market auctions: a banking perspective Discussion paper 10/2005: Nikolaus Bartzsch, Ben R. Craig, Falko Fecht
878 KB, PDF
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Accounting for distress in bank mergers Discussion paper 09/2005: Michael Koetter, Jaap W.B. Bos, Frank Heid, Clemens J.M. Kool, James W. Kolari, Daniel Porath
367 KB, PDF
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Recursive robust estimation and control without commitment Lars Peter Hansen, Thomas J. Sargent
508 KB, PDF
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Ultra high frequency volatility estimation with dependent microstructure noise Yacine Ait-Sahalia, Per A. Mykland, Lan Zhang
625 KB, PDF
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Umstellung der deutschen VGR auf Vorjahrespreisbasis Diskussionspapier 31/2005: Karl-Heinz Tödter
389 KB, PDF
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Asset pricing implications of Pareto optimality with private information Narayana R. Kocherlakota, Luigi Pistaferri
540 KB, PDF
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German bank lending to industrial and non-industrial countries: driven by fundamentals or different treatment? Discussion paper 08/2005: Thorsten Nestmann
217 KB, PDF
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Time-dependent or state-dependent price setting? - micro-evidence from German metal-working industries - Harald Stahl
502 KB, PDF
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Forecasting German GDP using alternative factor models based on large datasets Christian Schumacher
469 KB, PDF
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The cross-sectional dynamics of German business cycles: a bird´s eye view Jörg Döpke, Michael Funke, Sean Holly, Sebastian Weber
439 KB, PDF
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Banks' regulatory capital buffer and the business cycle: evidence for German savings and cooperative banks Discussion paper 07/2005: Stéphanie Marie Stolz, Michael Wedow
285 KB, PDF
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Cyclical implications of minimum capital requirements Discussion paper 06/2005: Frank Heid
352 KB, PDF
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The role of contracting schemes for the welfare costs of nominal rigidities over the business cycle Matthias Paustian
512 KB, PDF
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Banks, markets, and efficiency Discussion paper 04/2005: Falko Fecht, Antoine Martin
430 KB, PDF
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Asymptotic distribution of linear unbiased estimators in the presence of heavy-tailed stochastic regressors and residuals Jeong-Ryeol Kurz-Kim, Svetlozar T. Rachev, Gennady Samorodnitsky
668 KB, PDF
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The forecast ability of risk-neutral densities of foreign exchange Discussion paper 05/2005: Ben R. Craig, Joachim G. Keller
549 KB, PDF
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How synchronized are central and east European economies with the euro area? Evidence from a structural factor model Sandra Eickmeier, Jörg Breitung
602 KB, PDF
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Berechnung trendbereinigter Indikatoren Diskussionspapier 19/2005: Stefan Stamfort
2 MB, PDF
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Do banks diversify loan portfolios? A tentative answer based on individual bank loan portfolios Discussion paper 03/2005: Andreas Kamp, Andreas Pfingsten, Daniel Porath
613 KB, PDF
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Monetary disequilibria and the Euro/Dollar exchange rate Dieter Nautz, Karsten Ruth
433 KB, PDF
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Tax incentives and the location of FDI: evidence from a panel of German multinationals Thiess Buettner, Martin Ruf
235 KB, PDF
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Consumption, wealth and business cycles: why is Germany different? Britta Hamburg, Mathias Hoffmann, Joachim G. Keller
503 KB, PDF
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Foreign direct investment, spillovers and absorptive capacity: evidence from quantile regressions Sourafel Girma, Holger Görg
326 KB, PDF
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The determinants of intra-firm trade: in search for export-import magnification effects Peter Egger, Michael Pfaffermayr
328 KB, PDF
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Learning on the quick and cheap: gains from trade through imported expertise James R. Markusen, Thomas F. Rutherford
549 KB, PDF
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Discriminatory auctions with seller discretion: evidence from German treasury auctions Jörg Rocholl
376 KB, PDF
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Firm-level evidence on international stock market comovement Robin Brooks, Marco Del Negro
432 KB, PDF
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Business cycles and FDI: evidence from German sectoral data Claudia M. Buch, Alexander Lipponer
311 KB, PDF